Long term investors getting bonus shares might pay higher LTCG, if sold.

As per the new law, investors getting bonus shares might end up paying a higher long term capital gains tax (LTCG), if they sell it, because the cost of acquisition of such shares would be considered as nill. Its may be because such shares (bonus shares) are alloted to the shareholders for no cost. So if such shares are sold, they are ought to be taxed at a higher rate. 

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Published by shreyasshrikant

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